INFORMATION ON BUSINESS SEGMENTS (Tables)

9 Months Ended

Sep. 28, 2025

Schedule of Operating Results and Total Assets for Each Business Segment

Summary operating results for each of our business segments were as follows (in millions):


	Quarters Ended				Nine Months Ended
	September 28, 2025		September 29, 2024		September 28, 2025		September 29, 2024
Sales
Aeronautics	$	7,256	$	6,487	$	21,733	$	20,609
Missiles and Fire Control	3,624		3,175		10,430		9,270
Rotary and Mission Systems	4,373		4,367		12,696		13,003
Space	3,356		3,075		9,868		9,539
Total sales	$	18,609	$	17,104	$	54,727	$	52,421
Operating costs and expenses
Aeronautics	$	6,571	$	5,835	$	20,425	$	18,531
Missiles and Fire Control	3,114		2,718		8,977		8,057
Rotary and Mission Systems	3,868		3,879		11,896		11,605
Space	3,026		2,804		8,804		8,632
Total operating costs and expenses	$	16,579	$	15,236	$	50,102	$	46,825
Operating profit (a)
Aeronautics	$	682	$	659	$	1,304	$	2,089
Missiles and Fire Control	510		456		1,454		1,217
Rotary and Mission Systems	506		483		855		1,408
Space	331		272		1,072		943
Total business segment operating profit	2,029		1,870		4,685		5,657
Unallocated items
FAS/CAS pension operating adjustment	380		406		1,138		1,218
Impairment and other charges	—		—		(66)		(87)
Intangible asset amortization expense	(70)		(61)		(197)		(183)
Other, net	(59)		(75)		(160)		(288)
Total unallocated items	251		270		715		660
Total consolidated operating profit	$	2,280	$	2,140	$	5,400	$	6,317
Intersegment sales
Aeronautics	$	85	$	125	$	271	$	262
Missiles and Fire Control	218		210		616		616
Rotary and Mission Systems	580		569		1,778		1,729
Space	77		94		244		300
Total intersegment sales	$	960	$	998	$	2,909	$	2,907

(a)Operating profit by segment includes certain immaterial items, such as other income (primarily equity earnings) that are not presented separately in the table. Accordingly, the difference between sales less operating costs and expenses may not equal operating profit by segment.

Sales by products and services, contract type, customer, and geographic region were as follows (in millions):


	Quarter Ended September 28, 2025
	Aeronautics		MFC		RMS		Space		Total
Sales
Products	$	5,807	$	3,256	$	3,509	$	2,739	$	15,311
Services	1,449		368		864		617		3,298
Total sales	$	7,256	$	3,624	$	4,373	$	3,356	$	18,609
Sales by contract type
Fixed-price	$	4,758	$	2,638	$	2,733	$	878	$	11,007
Cost-reimbursable	2,498		986		1,640		2,478		7,602
Total sales	$	7,256	$	3,624	$	4,373	$	3,356	$	18,609
Sales by customer
U.S. Government	$	4,681	$	2,633	$	2,764	$	3,293	$	13,371
International (a)	2,571		989		1,564		55		5,179
U.S. commercial and other	4		2		45		8		59
Total sales	$	7,256	$	3,624	$	4,373	$	3,356	$	18,609
Sales by geographic region
United States	$	4,685	$	2,635	$	2,809	$	3,301	$	13,430
Europe	1,245		401		343		22		2,011
Asia Pacific	926		281		764		32		2,003
Middle East	138		295		199		1		633
Other	262		12		258		—		532
Total sales	$	7,256	$	3,624	$	4,373	$	3,356	$	18,609


	Nine Months Ended September 28, 2025
	Aeronautics		MFC		RMS		Space		Total
Sales
Products	$	17,513	$	9,338	$	10,337	$	8,208	$	45,396
Services	4,220		1,092		2,359		1,660		9,331
Total sales	$	21,733	$	10,430	$	12,696	$	9,868	$	54,727
Sales by contract type
Fixed-price	$	14,383	$	7,525	$	7,688	$	2,732	$	32,328
Cost-reimbursable	7,350		2,905		5,008		7,136		22,399
Total sales	$	21,733	$	10,430	$	12,696	$	9,868	$	54,727
Sales by customer
U.S. Government	$	13,969	$	7,464	$	8,409	$	9,649	$	39,491
International (a)	7,742		2,957		4,117		201		15,017
U.S. commercial and other	22		9		170		18		219
Total sales	$	21,733	$	10,430	$	12,696	$	9,868	$	54,727
Sales by geographic region
United States	$	13,991	$	7,473	$	8,579	$	9,667	$	39,710
Europe	3,896		1,177		926		66		6,065
Asia Pacific	2,750		728		1,998		128		5,604
Middle East	445		1,012		630		7		2,094
Other	651		40		563		—		1,254
Total sales	$	21,733	$	10,430	$	12,696	$	9,868	$	54,727


	Quarter Ended September 29, 2024
	Aeronautics		MFC		RMS		Space		Total
Sales
Products	$	5,550	$	2,811	$	3,554	$	2,557	$	14,472
Services	937		364		813		518		2,632
Total sales	$	6,487	$	3,175	$	4,367	$	3,075	$	17,104
Sales by contract type
Fixed-price	$	4,276	$	2,211	$	2,691	$	865	$	10,043
Cost-reimbursable	2,211		964		1,676		2,210		7,061
Total sales	$	6,487	$	3,175	$	4,367	$	3,075	$	17,104
Sales by customer
U.S. Government	$	4,465	$	2,272	$	2,867	$	3,081	$	12,685
International (a)	1,973		901		1,403		61		4,338
U.S. commercial and other	49		2		97		(67)		81
Total sales	$	6,487	$	3,175	$	4,367	$	3,075	$	17,104
Sales by geographic region
United States	$	4,514	$	2,274	$	2,964	$	3,014	$	12,766
Europe	1,047		334		309		18		1,708
Asia Pacific	612		216		632		43		1,503
Middle East	206		333		190		—		729
Other	108		18		272		—		398
Total sales	$	6,487	$	3,175	$	4,367	$	3,075	$	17,104


	Nine Months Ended September 29, 2024
	Aeronautics		MFC		RMS		Space		Total
Sales
Products	$	17,113	$	8,217	$	10,500	$	7,947	$	43,777
Services	3,496		1,053		2,503		1,592		8,644
Total sales	$	20,609	$	9,270	$	13,003	$	9,539	$	52,421
Sales by contract type
Fixed-price	$	13,805	$	6,331	$	7,980	$	2,690	$	30,806
Cost-reimbursable	6,804		2,939		5,023		6,849		21,615
Total sales	$	20,609	$	9,270	$	13,003	$	9,539	$	52,421
Sales by customer
U.S. Government	$	14,072	$	6,680	$	8,706	$	9,350	$	38,808
International (a)	6,422		2,581		4,035		174		13,212
U.S. commercial and other	115		9		262		15		401
Total sales	$	20,609	$	9,270	$	13,003	$	9,539	$	52,421
Sales by geographic region
United States	$	14,187	$	6,689	$	8,968	$	9,365	$	39,209
Europe	3,528		788		860		55		5,231
Asia Pacific	1,933		583		1,922		114		4,552
Middle East	603		1,153		552		5		2,313
Other	358		57		701		—		1,116
Total sales	$	20,609	$	9,270	$	13,003	$	9,539	$	52,421

(a)International sales include foreign military sales (FMS) contracted through the U.S. Government and direct commercial sales to international governments and other international customers.

Total assets for each of our business segments were as follows (in millions):


	September 28, 2025		December 31, 2024
Assets
Aeronautics	$	14,726	$	13,223
Missiles and Fire Control	6,899		5,952
Rotary and Mission Systems	16,972		17,025
Space	7,865		7,388
Total business segment assets	46,462		43,588
Corporate assets (a)	13,814		12,029
Total assets	$	60,276	$	55,617

(a)Corporate assets primarily include cash and cash equivalents, deferred income taxes, assets for the portion of environmental costs that are probable of future recovery, property, plant and equipment used in our corporate operations, assets held in a trust for deferred compensation plans, and other marketable investments.